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Ramirez v. Exxon Mobil Corporation et al
Case Number:
3:16-cv-03111
Court:
Nature of Suit:
Other Statutes: Securities/Commodities/Exchange
Multi Party Litigation:
Class Action
Judge:
Firms
- Abraham Fruchter
- A&O Shearman
- Bradley Arant
- Cantey Hanger
- Haynes Boone
- Paul Weiss
- Robbins Geller
- Squire Patton
Companies
Sectors & Industries:
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August 14, 2018
Exxon Investors' Climate Suit Beats Dismissal Bid
A Texas federal judge denied Exxon Mobil Corp.'s bid to nix a putative securities fraud class action accusing the oil giant of concealing its climate change knowledge, ruling Tuesday that investors sufficiently pled alleged misstatements and mostly met the heightened pleading standard for bringing the suit.
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November 22, 2017
Exxon Climate Suit Not A Copy Of NY Probe, Investors Say
Investors accusing Exxon Mobil Corp. of concealing its climate change knowledge said Tuesday that the company is glossing over clearly false and misleading statements it made over its climate change costs when it argued that their proposed class action parrots a politically motivated and "baseless" investigation pursued by New York Attorney General Eric Schneiderman.
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September 27, 2017
Exxon Says Investor Climate Suit Apes 'Baseless' NY Probe
Exxon Mobil Corp. on Tuesday urged a Texas federal judge to dump a proposed class action accusing the oil giant of concealing its climate change knowledge from investors, arguing that the investors are merely "riding the coattails" of a politically motivated and "baseless" climate investigation pursued by New York Attorney General Eric Schneiderman.
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November 14, 2016
Climate Claims No Slam Dunk For Oil Co. Investors
A proposed class action accusing Exxon Mobil Corp. of concealing its knowledge of climate change from shareholders could spark similar suits against other fossil fuel producers, but proving companies knew that looming climate rules would render their assets economically unviable will be a tall task for investors, experts say.
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November 07, 2016
Exxon Investors Pile On With Climate Change Class Claims
A proposed class of investors added its woes to an increasing pile of claims against ExxonMobil over whether the company concealed its knowledge about climate change, accusing the energy giant Monday of lying about its fuel reserves in part to score a $12 billion debt offering.
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